#2538199, Greg Freeman, Listing office: Century 21 Team Elite
Property details
About 52268-C Business Highway 5
6.25 Acres of Vacant Land at High-Traffic Intersection – Endless Development Potential Seize this rare opportunity to own a versatile commercial property located at the highly visible intersection of State Highway 5 and Business Highway 5. This spacious lot provides ample room for expansion or redevelopment, making it ideal for storage units, office space, retail, or mixed-use development. With a new recreational lake slated for construction in the area within the next few years, this location is poised for growth, offering significant investment potential. Key Highlights: • Strategic Corner Location: High visibility and traffic count ensure maximum exposure. • Flexible Zoning: Suitable for both commercial and residential development. • Future Growth Area: The upcoming lake will drive tourism, recreation, and increased demand for services and amenities. • Limitless Possibilities: Perfect for retail, office building, storage units, or multi-use projects. City utilities on-site. Whether you're seeking to launch a business, develop income-generating properties, or secure a prime location for future appreciation, this property offers unmatched potential in a growing market. Don't miss out on this exceptional investment opportunity! Interested in the building? This property is offered in several different combinations to accommodate any potential buyer’s needs.
Highlights
Home typeUnimproved Land
StatusActive
MLS #2553754
Summary
- List Price: $150,000
- HOA Amount: $0
- Directions: From the intersection of Highway 6 and Highway 5, Head north on Highway 5, Turn right onto Business Highway 5, Destination will be on the left
- MLS Number: 2553754
- MLS Name: HMLS
- Office Name: Century 21 Team Elite
- Listing Agent: Greg Freeman
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Price information
Property sales
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Tax history
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Nearby schools
5
Milan Elementary School
Public District PK-6
1.0 mi
•373 S Market St
6
Putnam County Elementary School
Public District PK-5
20.8 mi
•801 S 20th St
4
Adair County Elementary School
Public District PK-6
22.8 mi
•600 Rombauer Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,071. The majority of Milan, MO residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
45%
<35k
50%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hunting
Pro Wrestling
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Dodge
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 52268-C Business Highway 5
The listing price of 52268-C Business Highway 5 property is $150,000.
The property 52268-C Business Highway 5 is land located in Milan, Missouri, 63556.
Active Listing: 52268-C Business Highway 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 52268-C Business Highway 5 are: Milan Elementary School (GreatSchools Rating 5/10), Putnam County Elementary School (GreatSchools Rating 6/10), Adair County Elementary School (GreatSchools Rating 4/10), Putnam County Middle School (GreatSchools Rating 6/10), Trenton Middle School (GreatSchools Rating 4/10), Brookfield Middle School (GreatSchools Rating 10/10), Milan High School (GreatSchools Rating 4/10), Green City High School (GreatSchools Rating 6/10), Grundy County High School (GreatSchools Rating 6/10).
This home is located at 52268-C Business Highway 5 in Milan, MO and zip code 63556. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $150,000.
From Rocket Homes Real Estate and based on county public records data.